QB keeps the entities separate, which is the legal way but we are double recording information in order to blend final property numbers.

An educated guess based on where things have traded in the past, blended with your outlook on the future, given the variables that Greg mentioned. 

The military accepted a new retirement system (The blended retirement system) on 20180101, which matches up to 5% of your contributions to the TSP.

"Market" cap rate is a blended (estimate) cap rate based on all the cap rates of the comparable properties that had recently sold in a particular local market.

I'm just saying look at both strategies, understand that they are both co-existing in Detroit, and decide which is best for you (or a blend).

Tax appraisals also use different methods than appraisers do: they use a blended approach that considers the replacement cost (cost to rebuild) and a smaller portion is the recent comparative sales approach (comps).

I'd suggest a blended approach maybe to further shore up your security.First take a look at those properties and identify the one (not your residences) that either have higher debt or are under producing what you think you could get with a different structure. 

If you put both sets of ducments side by side, boil for a bit, there's little difference excepting in the Master Leases variants for performance payments to the owner vs fix or a blend. 

Any RE resource will list a blend of strategies, how many are you trying?

In reality, we're looking to construct a portfolio that's a blend of high cash-on-cash + low appreciation potential and low cash-on-cash + high appreciation potential.